$INIT /USDT BEARISH SETUP – SELL PRESSURE BUILDING UP ⚠️🔻

$INIT is currently trading at $0.5443, down -6.27%, showing clear bearish momentum after repeated rejections from higher levels. With lower highs and breakdown candles forming, the pair looks vulnerable for further downside continuation. 📉💣

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🔍 KEY LEVELS

📌 Current Price: $0.5443

🔽 Support Levels:

$0.5410 – short-term level

$0.5000 – key support zone

$0.4760 – critical swing level

$0.4500 – potential breakdown zone

🔼 Resistance Levels:

$0.6000 – immediate resistance

$0.6500 – trendline barrier

$0.7000 – reversal invalidation zone

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📉 TRADE SETUP – SHORT POSITION

🔴 Entry Zone: $0.5400 – $0.5500 (confirmation on lower timeframe rejection)

🎯 Targets (TP):

TP1: $0.5000

TP2: $0.4760

TP3: $0.4500

❌ Stop Loss (SL): $0.6010

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📊 RISK MANAGEMENT

🔐 Limit exposure to 1–2% per trade

📏 Maintain Risk:Reward of at least 1:2

🚫 Always set SL to protect capital — don’t average down in a falling market

INIT is showing clear bearish signs – best to follow the trend and protect profits! 🛡️📉

#INIT #CryptoAlerts #BearishSetup #TechnicalAnalysis #altcoins $INIT